New brownstone-style living opportunities will be available in Pittsfield Twp. next year or the following. The 32-unit project, called The Enclave at Arbor Ridge may develop into condos or apartments, depending on the market when they're ready for occupancy. Looking at the current market, they very well could at least begin as apartments.
"The rental market is fantastic," says developer Danny Veri of
Livonia Builders. "They're set up so that we could switch them to condos at any time. I might flip them sometime in the future, maybe in five or 10 years."
Either way, The Enclave at Arbor Ridge will include two- and three-bedroom brownstones ranging from around 1,500 to 1,600 square feet. Though the market will determine the final rental rates, Veri estimates they will be around $1,450 to $1,600 per month.
"I think we're going to pull young professionals," Veri says. "There are a lot of university employees, hospital employees and grad students in the area."
The location was chosen for its freeway access, as well as its surroundings. The one-acre development will sit on an eight-acre site, which includes woods and wetland. Veri anticipates residents enjoying the tranquility provided by the undeveloped area of the property, which sits on the corner of Carpenter Rd. and Cloverland Dr.
With other development projects underway and planned for the area, Livonia Builders plans to begin construction on The Enclave at Arbor Ridge in 2015, which will last approximately one year.
Source: Danny Veri, Livonia Builders
Writer: Natalie Burg
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